Smarter Web Buys 196 BTC Amid Price Rise

[umair]

UK-based tech firm Smarter Web Company has added 196 Bitcoin to its balance sheet, investing around £15 million in the cryptocurrency. This move brings the company’s total Bitcoin holdings to 543.52 BTC, with an estimated value of over £42 million. The purchase came amid renewed market optimism following global geopolitical tensions, particularly after reports involving U.S. actions in the Middle East that pushed Bitcoin’s price above $105,000.

Smarter Web has been building its Bitcoin position aggressively over recent months. In May, it acquired 83 BTC, followed by 346 BTC in June, and now another 196 BTC, all as part of a long-term ten-year strategic plan. What’s notable is that this latest purchase was made during a market rebound—rather than a dip—indicating the company’s confidence in Bitcoin’s upward trend and its growing role as a treasury asset.

The company has financed these acquisitions through strategic fundraising, including share issuances to new investors. As a result, Smarter Web’s stock performance has been remarkable. In just six weeks, the company’s market capitalization surged by over 7,000%, making it one of the top-performing stocks on the Aquis exchange.

However, some analysts have raised concerns about valuation levels. With shares trading at a significant premium compared to the actual value of the company’s Bitcoin holdings, there are questions about whether the current stock price reflects sustainable growth or speculative hype.

Despite the risks, Smarter Web’s strategy aligns with a broader trend of companies using Bitcoin as a reserve asset. As traditional firms continue entering the crypto space, the move signals a deepening integration of digital assets into mainstream financial strategy.